Under $5 by days* end
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Good sector to completely avoid, FBU, MPG and STU.
Bearing in mind that there could be another down grade ( they usually come in threes and this is the second ) where is good/fair value at present, $ 4.50-70 ?
Might be closer to $3 with the unfinished project liability still hanging over their head.
Can't see their prefab housing turning this ship around any time soon (in a stalling housing market).
RCR Tomlinson biting the dust. Different company - but clearly something very wrong with the industry ...
https://www.stuff.co.nz/business/108...tingency-plans
https://www.newshub.co.nz/home/money...istration.html
Bryan Gaynor isn't impressed with the board of Fletcher building.
Disc. Not holding
http://nzh.tw/12165258
FBU is doing a great job talking the sp down without any help from outsiders!
Summed up well..
http://www.sharechat.co.nz/article/5...t-hurdles.html
sold formica for less than i thought it would be worth. dont like the idea of divs being reinstated thought getting there balance sheet in order would be more important considering building markets are deterioating. must be just trying to appease s/h lol
What was it bought for and when ?